Adidas is considering writing off its remaining inventory of Yeezy merchandise, valued at $320 million by the company, chief executive Bjorn Gulden said Wednesday—as the German footwear firm ...

Adidas said in its third-quarter earnings Wednesday that it is considering cutting its losses and writing off its remaining $320 million in Yeezy sneakers. This comes a week after reports that ...

Adidas said it might have to write off the remaining 300 million euros ($320 million) worth of Yeezy shoes left unsold after it cut ties with rapper Ye, formerly known as Kanye West. The company ...

Adidas is still trying to figure out what to do with unsold Yeezy shoes after cutting ties with Kanye West. Adidas CEO Bjorn Gulden revealed the company might be unable to sell roughly $320 ...

Adidas is weighing the possibility of a write-off for the outstanding Yeezy inventory that the sportswear company still has. The company said Wednesday a write-off of those products, which it ...

In part due to sluggish sales in North America, Adidas Q3 net sales fell 6.4% to 6 billion euros, or $6.4 billion at press time. Net income fell 20.5% to 280 million euros. The top-line number ...

Adidas sold EUR350 million ($373 million) worth of Yeezy branded apparel in the third quarter as it continued to offload the EUR1.2 billion worth of stock it was left with following the end of its ...

Adidas sold €350 million, or $373 million, in Yeezy-branded apparel in the third quarter as it continued to offload the €1.2 billion in inventory that was left over following the end of its ...

Yeezy shoes made by Adidas are displayed at Laced Up, a sneaker resale store in New Jersey. FRANKFURT, Germany—Adidas said it might have to write off the remaining €300 million ($320 million ...

Adidas AG made about €350 million ($374 million) in sales from Yeezy shoes in the third quarter as the company whittles down its inventory of footwear from its canceled partnership with the ...